However, statistics show the market has indeed defied predictions according to bond originator, BetterBond.

For example, the January 2019 figure showed an increase of 7% compared to January 2018.

Botha also explained that banks have shown a great willingness to lend towards the residential sector.

Briefly.co.zaalso noted the greater success rate that bond originators enjoy, as explained by Botha.

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Source: Briefly News

Claudio LengClaudio holds a Business/Commerce Diploma from the University of Cape Town.

He was a Human interest writer in Briefly News from 2018-2019.

Claudio wrote stories about ordinary South Africans and famous SA influencers and covered viral stories.